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Real estate closer vs buyer broker

The differences between real estate closers and buyer brokers can be seen in a few details. Each job has different responsibilities and duties. Additionally, a buyer broker has an average salary of $55,572, which is higher than the $38,896 average annual salary of a real estate closer.

Real estate closer vs buyer broker overview

Real Estate CloserBuyer Broker
Yearly salary$38,896$55,572
Hourly rate$18.70$26.72
Growth rate5%5%
Number of jobs20,01610,633
Job satisfaction--
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 55%
Average age4949
Years of experience--

Real estate closer vs buyer broker salary

Real estate closers and buyer brokers have different pay scales, as shown below.

Real Estate CloserBuyer Broker
Average salary$38,896$55,572
Salary rangeBetween $26,000 And $57,000Between $38,000 And $79,000
Highest paying CityNew York, NYMilwaukee, WI
Highest paying stateNew YorkNew York
Best paying companyCiti-
Best paying industry--

Differences between real estate closer and buyer broker education

There are a few differences between a real estate closer and a buyer broker in terms of educational background:

Real Estate CloserBuyer Broker
Most common degreeBachelor's Degree, 48%Bachelor's Degree, 55%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Real estate closer vs buyer broker demographics

Here are the differences between real estate closers' and buyer brokers' demographics:

Real Estate CloserBuyer Broker
Average age4949
Gender ratioMale, 33.4% Female, 66.6%Male, 60.3% Female, 39.7%
Race ratioBlack or African American, 5.4% Unknown, 4.3% Hispanic or Latino, 13.5% Asian, 7.0% White, 69.5% American Indian and Alaska Native, 0.3%Black or African American, 5.3% Unknown, 4.3% Hispanic or Latino, 13.3% Asian, 6.9% White, 69.9% American Indian and Alaska Native, 0.3%
LGBT Percentage13%13%

Differences between real estate closer and buyer broker duties and responsibilities

Real estate closer example responsibilities.

  • Manage all accounting, cash management, budgeting and financing for individual LLC's and for corporate entity.
  • Select, prepare, analyze, track and assemble required documentation in accordance with VA, FHA and conventional guidelines.
  • Stabilize operations and financial performance of underperforming properties, directing investors in maximizing value and/or divesting assets to optimize ROI.
  • Implement sales training courses for FHA/VA and all community/bond lending for company's loan officers
  • Follow up on delinquent tenants and coordinate collection procedures including court evictions.

Buyer broker example responsibilities.

  • Manage, lease and sell office condominiums on site.
  • Solicit profitable freight brokerage business by marketing transportation capability via direct sales calls, telephone and direct mail marketing activity.
  • Work with clients to finalize the purchase of new and existing condominiums sell at OwnACondo.com.

Real estate closer vs buyer broker skills

Common real estate closer skills
  • Escrow, 13%
  • Settlement Statements, 6%
  • Data Entry, 6%
  • Property Management, 5%
  • Mortgage Loans, 5%
  • Real Estate Closings, 5%
Common buyer broker skills

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    Updated January 8, 2025

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